8Project Name: Oil Field Development 8Project Cost: Rs 100 crore 8Project Description: Bharat PetroResources Limited's RFQs for the hiring of an EIA consultant and a PMC consultant for the development of the Karaikal oil field in Tamil Nadu have been delayed. 8Project Event: RFQ for the hiring of EIA Consultant is expected by Q4 2019. RFQ for the hiring of PMC consultant is expected by Q4 2019 8Expenditure Approval: Q2/2018 8RFQ Date: Q4/2019 8Release Date: Q4/2019 8Start Date: Q4/2020 8Completion Date: Q4/2023 Click here for more detailsDetails
The next director commercial of MECON has been selected through a rigorous selection process 8Of seven GMs who applied, one was selected Click on Details for more
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There are only 5 days left for someone to apply for the post of GAIL CMD, who retires on February 1, 2020 8Two more director level slots are also falling vacant, it is learned 8Who are the eligible candidates Click Details for more
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For reference purposes the website carries here the following tenders: 8Supply, Installation and Commissioning of Hydroprocessing Catalyst Test Unit Details 8Appointment of C&F operator cum secondary transsporter at lubes depot Details 8Appointment of Primary, Industrial and Rural Lube Distributors for locations in North India Details 8Carrying out painting jobs of Crude Heater, Vacuum Heater, NSU Heater and KSU Heater Details 8Supply of Hanger Flanges Details 8Supply of Tubing Tongs Details 8Hiring of the services of Hydro-fracturing in 10 wells Details 8Supply of Armoured Aluminium Cables Details 8Supply, Installation and Commissioning of Electrostatic Emulsion Treater Details 8Hiring of services of Nitrogen Pumping Unit Details 8Hiring of Cementing Services of rigs Details 8Procurement of Chemicals Details 8Hiring of services for AMC and FMS for Non-IT Infrastructure Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Opposition protests fuel price hike, stages walkout from Lok Sabha Details 8Petrol rates to go up by Rs 2.5 per litre, diesel by Re 1 per litre in Uttarakhand Details 8Spent Rs 10,000 crore on capex in FY19: Vedanta Details 8Assam Gas Company, Oil India, GAIL sign agreement for setting up of new CGDDetails 8Reduction of government stake in oil companies a credit negative: Moody’s Details 8Ineos to restart Forties crude oil processing unit at 1700 GMT Details 8Dominican Republic expects to award several blocks in first oil licensing round Details 8Argentina opens tender for $2 bn Vaca Muerta gas pipeline Details 8Spain's Naturgy halts gas investment on plan to cut returns Details 8Saipem CEO says Saudi contracts part of natural gas shift Details 8China's CNOOC, Sinopec to jointly study, explore mostly offshore blocks Details 8Govt raises commission for LPG distributors by Rs 11 for every 14.2 Kg cylinder Details 8Opec sees lower 2020 demand for its oil, points to surplus Details 8Oil prices rise amid Gulf of Mexico storm, Middle East tensions Details You can also click on Newsclips for moreDetails
IOC has backed H-Energy's insistence that bundled accounts of GAIL should also be brought under the imbalance and overrun charges under an escrow account mechanism now under work by the PNGRB 8GAIL however is opposed to it, claiming it is a "commercial issue". 8The gas major is also shy of divulging past information on all its supply contracts Click on Reports for more
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China Petroleum Technology and Development Corporation (CPTDC), a subsidiary of Chinese oil super major, CNPC, made a valiant attempt to bid for ONGC's 27-rig tender but failed to make the grade. 8The the company said it had a very competitive price to offer and yet, despite its high pedigree, was technically disqualified. 8Is there really an inherent bias in the manner in which ONGC treats a Chinese offer, or was the offer itself intrinsically faulty? 8Why do pedigreed Chinese companies find it difficult to operate in India? 8Is it plain bias at work? Or is it a language and cultural barrier issue? Or is it because they depend too much on their Indian agents, failing to themselves understand the complications of the Indian tendering system? Click on Details for more
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The Indian aviation sector has seen a yearly passenger growth of than 20% and ATF volumes are growing by more than 8% year on year. 8Yet Shell MRPL Aviation Fuels and Services Ltd seems to be on uncertain ground Click on Reports for more
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2019-2022 will witness a very high increase in LNG production of ~65mts. From this, the ~60% is coming from US 8Currently, the LNG shipping market is expected to be balanced by 2020 8But it will be a different story thereafter Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Supply of Flameproof Equipments Details 8Procurement of Permanent Down Hole Gauges Details 8Hiring of Non Rotating Drill Pipe Protector services for KG-OSN-2001/3 Block Details 8Nitrogen Injection Fire Protection System for oil cooled transformers Details 8Purchase of Digital Well Analyzer Details 8Engaging a Partner for Upgradation to PCMM Maturity Level 3 and Functional Competency Framework Details 8Splitter Column and Pipeline Insulation job in HCU2 Details 8Carrying out Dehumidification of Vacuum Column of Crude Distillation Unit Details 8Gel Pigging of Syngas Line to PDPP Project Details 8Procurement of Closed Loop Sampling System Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8ONGC, Indian Oil reviving water sources Details 8India’s crude oil production falls 7% in May, pushes import dependence to 85%Details 8Budget won’t have substantial impact on oil companies: M K Surana, HPCL Details 8US oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions Details 8Low prices a historic opportunity for India to boost natural gas share in energy mix Details 8Chevron Phillips, Qatar Petroleum sign $8 bln petrochemical deal Details 8Asia Fuel Oil-Strong demand boosts 380-cst cash premium to 7-1/2 year high Details 8OPEC+ oil deal will lower inventories and stabilise prices -Iraqi oil minister Details 8Aggressive U.S. energy policy tests ties with European allies Details 8Bolivia intends to buy Petrobras stake in gas pipeline to Brazil Details 8How has war affected Syria's oil and gas sector? Details You can also click on Newsclips for moreDetails
Chinese E&P equipment and service suppliers are unwilling to believe that there is no bias against them in the tendering process of Indian companies, such as ONGC. 8When contracted, one of the suppliers said that bias was clearly evident 8One Chinese premium bit suppliers said that he was the only one found commercially unacceptable while being technically qualified from among eight bidders, who were otherwise commercially and technically qualified. 8"And we supply bits to companies all around the world," he said 8When contacted, an ONGC official repudiated the claim. Click on Details for more
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Not too long ago, Shiv Vani Oil Gas Ltd and the colourful Delhi based Singhee family, owned and operated the largest number of oil rigs in India. But the company went bankrupt under mounting debts, unpaid service tax bills following a blacklisting by ONGC. 8There was a CAG report critical of ONGC's dealings with the company. 8The company has gone into liquidation, but this website is now beginning the process of hunting for the 40 odd rigs that the company possessed. Where are they? Have they been repossessed? How many are lying idle? Can some of them be refurbished and retrieved? Click on Details for moreDetails
Petronet LNG will now have eight LNG tanks instead of six 177,000 cubic metre tanks currently to ease the bottleneck at Dahej 8Find out who is likely to get the contract Click on Details for more
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Project Name: Kochi- Salem Greenfield LPG Pipeline Project (KSPPL) 8Project Cost: 1112 crores 8Project Description: Construction is currently on, and commissioning is around the corner Click here for more details for more informationDetails
8Project Name: Slug Catcher Unit Modification 8Project Cost: Rs 250 crore 8Project Description: EIL is the EPCM. Get a full update on this ONGC project here Click here for more detailsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 792 crore 8Project Description: An integrated well development plan within this 72 well development drilling programme along with the adjacent Malleswaram in East Godavari, West Godavari and Krishna districts of Andhra Pradesh witnessed a good response. Meanwhile, there are other developments too on this drilling programme. 8Project Event: RFPs for the facility development of EPS are expected by August end 2019. Click here for more detailsDetails
8Project Name: Exploratory Drilling 8Project Cost: Rs 100 crore 8Project Description: Oil and Natural Gas Corporation Limited's 02 well exploratory drilling in Sivasagar District of Assam has been put on hold on account of delay in the grant of forest clearance for the project. As per the sources, the forest clearance for the wells will take some time and RFQs will be floated only after the final approval is received from the ministry. The drilling rig to be employed for the project is already available with the owner and is currently deployed in the adjacent field. 8Project Event: RFQs for the project are on hold. Click here for more details, including project details and key contacts Details
ONGC has awarded the contract for the supply, installation and commissioning of Rig Masts 8Two companies were there but the tender was awarded on a single tender basis Click on Details for more
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Ammonia-Urea Energy Saving Project-II 8Cost - Rs 234 crore 8Project Event: Engineering studies are ongoing and the RFQ for an LSTK contractor is likely to be released in August 2019. The project is likely to be completed in March 2020. Click here for more details Phosphoric acid Expansion Project 8Cost - Rs130 crore 8Project Event: The purchase of a long lead item is ongoing. The proposal for the environmental clearance has been elicited in May 2018, there is no need for a contractor, The company has decided to do the project through its existing engineering team. The erection & installation work is ongoing for mechanical equipment. Click here for more details (Links available only through www.indianfertilizer.com or get in touch with our marketing team)Details
8The government has recently provided a special dispensation to the earlier GSPC-owned block blocks KG-OSN-2001/3. ONGC had subsequently bought the block off GSPC for $1 billion 8A new lease of life has also been given for the block VN-ONN-2009/3 in Madhya Pradesh 8The petroleum ministry has sent a note to the PMO on the 100-day agenda for the oil & gas industry 8Know the latest on the tenders floated by OMCs for purchase of ethanol and bio diesel 8Also find out more on the LOIs issued against tenders for compressed bio gas production Click on Reports for more
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The IMO 2020 can push jet fuel prices either higher or lower 8Find out more on how two diametrically different scenarios can emerge from out of one event 8But it is clear that since fuel is airlines’ largest expense, they should be prepared for this IMO 2020 risk and ensure it is incorporated in their broader risk management strategies. Click on Reports for more
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L&T Hydrocarbon Limited (LTHE) had a hugely successful year 8For the FY 2018-19, L&T's Hydrocarbon segment registered a strong performance with large growth in order inflow and profitable revenue growth. The segment recorded a growth rate of 76.3% for FY 2018-19 with fresh orders aggregating to Rs 27,871 crore in comparison to Rs 15811 crores for the FY 2017-18. 8So, where is the growth coming from here onwards? 8There is still a lot going in this segment, the company feels Click on Reports for more
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Gas from the Myanmar blocks, in which OVL is invested, was meant to come to India but it went to China instead 8Helpless, OVL, keen to hold on to these blocks, is pumping in a massive volume of funds to keep production going right up to 2031 Click on Details for more
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Total of France may emerge as the biggest private sector LNG player in India 8The French multinational is likely to gain an upper hand over two of its rivals: Shell, an established LNG player, and Exxon Mobil, who has been stationed in India for some time now looking for an entry into the gas business. Click on Details for more
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8Project Name:Baitalpur Greenfield POL Terminal Project 8Project Cost: Rs 380 crore 8Project Description: Indian Oil Corporation Limited has hired PDIL as an EPCM contractor to revamp its existing POL terminal from 29996KL to 99208KL at Baitalpur depot, Deoria, Uttar Pradesh. All the major tenders including the civil and electrical works have already been floated, Anubhavi Construction Ltd is doing to the civil and electrical works. Furthermore, tender for the pre-commissioning and commissioning works are expected to be floated soon. Click here for more details for key contacts and other detailsDetails
8Project Name:Kakinada-Srikakulam Greenfield Natural Gas Pipeline (APGDC) 8Project Cost: Rs 1632 crore 8Project Description: Andhra Pradesh Gas Distribution Corporation Limited along with PMC contractor MECON Limited is now constructing the 300 km Kakinada to Srikakulam. Two pipeline laying contracts were awarded for 180 km, Phase 1 of the pipeline, from Kakinada to Visakhapatnam. Work on the first phase is now expected to be completed in the next four months, and RFQs for commissioning work for the pipeline is expected soon. RFQ for the remaining 95 km, the second phase of the pipeline from Visakhapatnam to Srikakulum are expected to come out soon after the completion of the first phase, which is expected around December 2019. Click here for more details for key contacts and other detailsDetails
GAIL seems to have been able to garner support from a powerful quarter in its fight to stay afloat without being split up or sold. 8This is likely to make the government's effort to separate the marketing and transmission segments of the company more complicated. 8A backlash seems to be clearly emerging against the strident demand to either sell or split up GAIL. Click on Details for more
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It is learned that Reliance Industries Ltd has been accused of releasing polluted water from its Jamnagar refinery to the neighboring villages 8Crops have been damaged, groundwater soiled, claimed farmers in the area Click on Details for more
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8Project Name: Offshore Field Development 8Project Cost: Rs 2830 crore 8Project Description: It looks like approval has finally come in for development of this nomination field. The development will not get any premium pricing so clearance was a problem so far. A seismic tender is already under processing. Find out more on this project 8Project Event: RFQ for hiring EPC contractor for well head platforms is expected by August end 2019. 8Expenditure Approval: Apr/2018 8RFQ Date: Aug/2019 8Release Date: Oct/2019 8Start Date: Q4/2019 8Completion Date: Mar/2023 Click here for more detailsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 552 crore 8Project Description: The private sector company is finally accepting quotations for two gas gathering stations. In the meanwhile, the company had requested EC committee seeking an exemption in the conduct of public hearing as it had been less than 3 years since the last public hearing for the block was carried out. As of now EIA report preparation is going and is expected to be submitted by the end of next month. The wildlife clearance for the project has also not been granted as of now. Click here for more detailsDetails
8Project Name: Offshore Oilfield Development 8Project Cost: Rs 295 crore 8Project Description: This two well exploratory drilling project will experience some delays as the owner has not applied for the environment clearance till now. All the RFQs will be floated after the EC for the project is granted. This is the first discovery beyond the shelf margin and also in the Pliocene formation in Mumbai Offshore Basin. Click here for more detailsDetails
Single/Triple Super Phosphate Greenfield Project 8Cost - Rs 25 crore 8Project Event: The project has sufficient fund to progress but due to internal matters, it is still on hold, RFQ for the contractor is likely to be released in September 2019. Click here for more details SSP Greenfield Project 8Cost - Rs10 crore 8Project Event: The company hired all the contractors, equipment purchase work is ongoing. Construction is likely to start in October 2019. Click here for more details Links available only through www.indianfertilizer.comDetails
For reference purposes the website carries here the following tenders: 8Pipeline Intrusion Detection System for Vijayawada Dharmapuri Pipeline Project Details 8Carrying out Miscellaneous Hot works in CDU II, MEROX II and VBU II Units Details 8Sarapady Raw Water Line Concrete Hume Pipe Joint Sealing with PCC to avoid leakage Details 8ARC for cleaning of water tanks in refinery phase Details 8Supply of Portable Vibrator Analyzer System Details 8Hiring Services for Topographical Survey Work using Total Station & DGPS and Consultancy for Preparation of Detailed Project Report of Drilling Locations Details 8Hiring of Services for Operation and Maintenance of Makum Gas Compressor Station Details 8Procurement of Ferriminex and Manganese Di-oxide Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India, China bilateral trade declines by 3.59 per cent in first 5 months of this year Details 8Trump’s new target of unfair trade: India Details 8Malaysia’s Tenaga plans to set up a green energy platform in India Details 8Nayara Energy to invest Rs 1.3 lakh crore at Vadinar in GujaratDetails 8OPINION: Hedge funds sell crude as economy fears Trump OPEC cuts Details 8Mozambique to become world’s 2nd biggest gas exporter Details 8Ambitious revenue goals raise risk of fiscal slippage: Moody’s Details 8Aramco awards $18billion in deals for work at oil fields Details 8Oil prices rise as data shows bigger-than-expected fall in US stockpiles Details 8Oil Minister Zanganeh says hopeful Iran's oil exports will improve Details 8Seized Iran supertanker was loaded to capacity with crude oil: Gibraltar govt Details 8Emissions rules and electric shift to spur car engines M&A Details You can also click on Newsclips for moreDetails
There is a plethora of E&P regimes at work in India at this juncture. 8There are oil & gas regulations, and there are rules for CBM as well. 8And one company may be working in multiple regimes. Click on Reports for a full set of guidelines on how the government and the DGH evaluates oil & gas assets under different regimes
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Mozambique LNG, where the Indian trio of ONGC, OIL and BPCL are invested, will go into production only in 2023-24 8Get a progress and milestone chart here 8Are you looking to work for Mozambique LNG? Positions are available Click on Reports for more
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In a rare admission, GAIL says that it has overestimated the backend calculations submitted for calculation of pipeline tariffs. 8"It looks like that the company took a quite a few liberties with existing regulations," a pipeline executive told this website. 8GAIL is now admitting to doing so Click on Reports for more
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We have activated an in-house team of engineers to begin collecting rig data in India. 8The eventual idea is to track rig movement, chase well data, and seek business development opportunities for equipment and service producers. 8The E&P market is getting active in India, with new companies entering the fray 8Here is a database of offshore rigs in India, and we are complying one for onshore rigs. We will at some point later, tether this database to actual well data on the ground. Click on Reports for more
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ONGC has decided to take independent third party H2S systems in offshore rigs, instead of taking then from rig owners 8ONGC usually seeks a quote of the H2S system as an optional item More often than not, the H2S system quoted by rig owners are much higher than third party rates
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What is the approved latest rate for F&GL rigs hired by ONGC 8Jagson has two rigs deployed under this category 8Find out the mobilization rate, ODR, NODR, MDR, EDR and demobilization charges Click on Details for more
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8Project Name: GS-15-1 and GS-15-4 Platform Repairs 8Project Description: Oil and Natural Gas Corporation Limited has hired JPC Enterprises Engineers and Contractors Limited for carrying out the repairs of GS-15-1 and GS-15-4 offshore platforms. In the meanwhile, the contract for pigging services for 6 well fluid pipeline from GS-15-4 to GCS Odalrevu has been awarded to Mynor Enterprises Private Limited. The entire work scope has to be completed within a timeframe of 12 months. Currently, the bidding from the contractor's end is going. 8Project Event: RFQs for the hiring of equipment are out from subcontractor's end. Click here for more detailsDetails
8Project Name: Drilling Field Exploration 8Project Cost: Rs 400 crore 8Project Description: Oil And Natural Gas Corporation Limited has reapplied for the TOR of the 10 well exploratory programme in a PML block, seeking the extension of the Original TOR. In the meanwhile, the EIA consultant will be hired once the TOR for the project is granted approval. The drilling rig to be utilized for the project is already available in the adjacent block where drilling is already going on. 8Project Event: RFQ for hiring EIA services is expected by Q4 2019 RFQ for hiring rig mobilization services is expected by Q3 2020 RFQ for the supply of oilfield chemicals is expected by Q3 2020 8Expenditure Approval: Q1/2017 8RFQ Date: Q4/2019 8Release Date: Q4/2019 8Start Date: Dec/2020 8Completion Date: Dec/2020 Click here for more detailsDetails
8Project Name: Offshore Oilfield Development 8Project Cost: Rs 102 crore 8Project Description: RFQs for PEL block BB-OS-DW-I will be out by Q4 2019. Furthermore, all the RFQs for well consumables will be floated next year. In the meanwhile, the rig to be deployed at that time will depend upon availability from among the chartered hired rigs pool of ONGC. The block was awarded to ONGC with effect from 1998 on nomination basis to carry out hydrocarbon exploration in deep water area of Mumbai Offshore. 8Project Event: RFQ for the hiring of an EIA consultant is expected by Q4 2019. RFQ for the equipment is expected by Q1 2020. Click here for more detailsDetails
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project 8Cost - Rs 500 crore 8Project Event: The project is in the initial phase management is taking time to move forward but RFQ for an EPC contractor is likely to be released in August 2019 due to delay in the discussion. Click here for more details (This link is through our sister site, www.indianfertilizer.com)Details
Phosphoric Acid Expansion Project 8Cost - Rs 1100 crore 8Project Event: The EPCM contractor hiring is under process, It is likely to finalized after the monsoon. Click here for more details, for key contacts and other data. (This link is through www.indianfertilizer.com)Details
For reference purposes the website carries here the following tenders: 8Requirement of Reformulyzer/ Gas Chromatography Details 8Requirement of Carbon and Sulphur Analyser Details 8Hiring of Consultancy Services for Redevelopment and production enhancement strategy for Ingoli Field Details 8Supply of Multizone Door Frame Metal Detectors and Hand Held Metal Detectors Details 8Procurement of Carbon and Alloy Steel End Caps Details 8Supply of LPG cylinders fitted with required fittings Details 8Providing Vehicles on Hire Services for proposed Pipeline at Project Locations Details 8Production and Supply of Compressed Bio Gas to Oil Marketing Companies Details 8Supply of API 600 Gate Valves Details 8Hiring of services for 3D Broadband seismic data acquisition in MB-OSHP-2017/1, C Series and GK-28/42 areas of Western offshore Details 8Hiring of services for miscellaneous Electrical works for LPG-II Cooling Tower during the augmentation of third cell Details 8Hiring of Natural Gas Compression Services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Nayara Energy raises $750 million via offshore loanDetails 8Three more CNG filling stations in Patna, Naubatpur by August Details 8Dharmendra Pradhan justifies hike in taxes on fuel Details 8China refiners curb fuel output after massive new plants stoke glut Details 8Bangladesh protests against gas price rise Details 8Crude oil prices drop as trade tensions stoke economy worries Details 8Squeezed by sanctions, Venezuela sells oil to tiny Turkish firm Details 8Russia's Transneft rebukes Rosneft over tainted crude oil crisis Details 8Iran accuses US of using crude oil sanctions to gain market clout Details 8Oil extends gains, supported by surprise US jobs report Details 8Turkey says second ship will begin drilling oil and gas off Cyprus Details You can also click on Newsclips for moreDetails
8Project Name: KG-DWN-98/2 CPP and LQUP 8Project Cost: Rs 5189 crore. 8Project Description: ONGC has awarded the contract a Third Party Inspection Services for Rs 3.1 crore. In the meanwhile, TH Heavy Engineering Bhd, which has recently bagged sub contract from Afcons Infrastructure Ltd has started the procurement process. The work on the subcontract is scheduled to commence in August 2019, with completion on Dec 31, 2020. It is pertinent to mention here that TTHE is currently operating as a subsidiary of Bursa Malaysia. Click here for more detailsDetails
Know more about the pitfalls of international arbitration in the oil & gas sector in India 8What are the legal underpinnings of such arbitrations? 8Are arbitrations really a faster way to iron out differences? Click on Report for more
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Global warming mitigation proponents have come up with new research that says that methane, the chief component in natural gas, is responsible for 25% of global warming to date. 8At least 202 LNG terminal projects are in development worldwide, including 116 export terminals and 86 import terminals. Total outlay is a massive $1.3 trillion 8They reportedly present a threat as large as coal-based power projects, new research seems to point out 8Despite its price tag ($1.3 trillion) and its role in the climate crisis, the expansion of LNG infrastructure has received relatively little scrutiny in terms of stranded asset risk. 8But attention to stranded asset issues is rising due to increased cost pressure on natural gas by renewable alternatives. Click on Reports for more
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